Predict your next investment

Private Equity

See what CB Insights has to offer

Investments

6

Funds

5

About India Venture Advisors

India Venture Advisors is a private equity firm promoted by the Piramal group and led by A K Purwar, former SBI chairman. The fund is focused on healthcare and life sciences and plans to invest 75% of its corpus in it. It invests about Rs 30 crore to Rs 60 crore.

India Venture Advisors Headquarter Location

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest India Venture Advisors News

India: Aster DM Healthcare acquires India Venture Advisors’ 25% stake in Ramesh Hospitals

May 31, 2016

ishita@dealstreetasia.com May 31, 2016: &nbsp Dubai-based Aster DM Healthcare has acquired Ajay Piramal Group-promoted India Venture Advisors ‘ 25 per cent stake in the Vijayawada-headquartered healthcare chain Ramesh Hospitals for Rs 110 crore (around $16 million), according to  a report in The Economic Times quoting sources. The firm also bought additional 5 per cent stake taking its stake to nearly 30 per cent in Ramesh Hospitals, valuing it at around Rs 370 crore. It is looking to increase its holding and acquire controlling stake the hospital chain in a few months. The health care firm has raised around $205 million from private equity funds for its India growth. It has also committed an investment of around Rs 200 crore ($30 million) in the next couple of months in Ramesh Hospitals to turn it its majority-owned subsidiary, said the report. “Ramesh Hospitals’ promoters, led by P Ramesh Babu, are open to divesting a majority stake in favour of Moopen’s Aster DM, which has committed nearly Rs 200 crore of equity investment. On pumping in further funds for controlling stake, Ramesh Hospitals will become one of the majority-owned subsidiaries of Aster DM over the next few months,” said the source. On Monday, Ramesh Hospitals announced that it had tied up with Aster DM Healthcare to take tele-medicine and emergency healthcare to tier II and tier III cities of Andhra Pradesh. “Our plan is to penetrate the rural pockets of the State where a lot of potential is seen in emergency care, especially after 5 p.m. where the medical expertise is inaccessible. Tele-medicine and tripling our capacity to 1,500 beds in the coming five years are among the focused areas,” said Ramesh Hospitals managing director L. Ramesh Babu. At present Ramesh Hospitals chain has a capacity of 560 beds in three hospitals, of which two are located in Vijayawada and a latest one in Guntur with 350 beds. Besides, the tie up is also expected to develop centres of excellence in paediatric cardiology, oncology, gastroenterology, nephrology and transplant programs for heart, liver and kidney in the State. “We have lined up around Rs 250 crore of investments towards the capacity expansion over the next three years and Aster DM has assured to support us with further equity infusion.“Ramesh Hospitals’ chief financial officer Ravi Kiran Pothineni told The Economic Times. Also Read:

India Venture Advisors Investments

6 Investments

India Venture Advisors has made 6 investments. Their latest investment was in Ramesh Hospitals as part of their Private Equity on May 5, 2013.

CBI Logo

India Venture Advisors Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

5/24/2013

Private Equity

Ramesh Hospitals

Yes

1

4/2/2013

Private Equity

Subscribe to see more

Subscribe to see more

10

3/31/2012

Growth Equity

Subscribe to see more

$99M

Subscribe to see more

10

3/7/2012

Private Equity

Subscribe to see more

$99M

Subscribe to see more

0

3/6/2012

Growth Equity

Subscribe to see more

$99M

Subscribe to see more

10

Date

5/24/2013

4/2/2013

3/31/2012

3/7/2012

3/6/2012

Round

Private Equity

Private Equity

Growth Equity

Private Equity

Growth Equity

Company

Ramesh Hospitals

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Amount

$99M

$99M

$99M

New?

Yes

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

1

10

10

0

10

India Venture Advisors Fund History

5 Fund Histories

India Venture Advisors has 5 funds, including IndiaVenture Trust Fund I.

Closing Date

Fund

Fund Type

Status

Amount

Sources

12/31/2008

IndiaVenture Trust Fund I

Expansions & Growth

Closed

$80.2M

1

7/31/2008

IndiaVenture Advisors

Subscribe to see more

Subscribe to see more

$99M

10

India Venture Healthcare & Education Fund

Subscribe to see more

Subscribe to see more

10

IndiaVenture Trust Fund II

Subscribe to see more

Subscribe to see more

10

India Venture Healthcare Fund

Subscribe to see more

Subscribe to see more

10

Closing Date

12/31/2008

7/31/2008

Fund

IndiaVenture Trust Fund I

IndiaVenture Advisors

India Venture Healthcare & Education Fund

IndiaVenture Trust Fund II

India Venture Healthcare Fund

Fund Type

Expansions & Growth

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Status

Closed

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Amount

$80.2M

$99M

Sources

1

10

10

10

10

India Venture Advisors Team

1 Team Member

India Venture Advisors has 1 team member, including former President, Sanjay Randhar.

Name

Work History

Title

Status

Sanjay Randhar

President

Former

Name

Sanjay Randhar

Work History

Title

President

Status

Former

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.